Unguaranteed Portion definition

Unguaranteed Portion means the portion of the principal of a loan that is not covered by the Guarantee.[64 FR 57933, Oct. 27, 1999, as amended at 65
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Unguaranteed Portion shall have the meaning set forth in Section (7) herein.
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Unguaranteed Portion means, at any time after the Project Completion Date:
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Examples of Unguaranteed Portion in a sentence

  • Of this amount, the Agent must hold an inter- est in the Unguaranteed Portion of the Loan equal to at least the minimum amount of the Loan required to be held by the Agent under the preceding sen- tence multiplied by the percentage of the entire Loan that is not guaranteed.

  • The same Collateral shall secure the entire Loan, including both the Guaranteed Portion and the Unguaranteed Portion.

  • A Lender choosing this option shall (i) disclose the specific collateral securing the Unguaranteed Portion in Section 6.G. of the Loan Authorization Notice, (ii) follow the amended Section 5.06 (a) – (e) of the Master Guarantee Agreement stated in Section (2)(d) herein and (iii) execute separate promissory notes or other evidence of debt for 1.

  • A non-Agent Lender must hold an in- terest in the Unguaranteed Portion of the Loan representing no less than five percent of such Lender’s total interest in the Loan; provided, that a non- Agent Lender may transfer its interest in the Unguaranteed Portion after pay- ment of the Guaranteed Portion has been made under the Guarantee.

  • The Guarantee shall have no forceor effect if any part of the Guaranteed Portion of the Loan is transferred sepa- rate and apart from the Unguaranteed Portion of the Loan.

  • Notwithstanding Section 5.04(a) of the Master Guarantee Agreement, if the credit and security documents relating to the Unguaranteed Portion can be completely separated from the Loan Documents governing the ninety percent (90%) portion of the Guaranteed Amount guaranteed by Ex-Im Bank, such documents do not have to be assigned to Ex-Im Bank upon Claim Payment.

  • The Unguaranteed Portion of the loan will neither be paid first nor given any preference over the Guaranteed Por- tion.

  • Notwithstanding Section 5.04(a) of the Master Guarantee Agreement, if the credit and security documents relating to the Unguaranteed Portion can be completely separated from the Loan Documents governing the ninety percent (90%) portion of the Guaranteed Amount guaranteed by EXIM Bank, such documents do not have to be assigned to EXIM Bank upon Claim Payment.

  • Subject to the provi- sions of this part, one or more third Emergency Steel Guarantee Loan Board § 400.205 parties, public or private, may guar- antee repayment of part of the Unguaranteed Portion of a loan guar- anteed by the Board.[66 FR 53080, Oct.

  • A non-Agent Lender must hold and may not assign or transfer an interest in the Unguaranteed Portion of the loan rep- resenting no less than five percent of such Lender’s total interest in the loan; provided, that a non-Agent Lend- er may transfer its interest in the Unguaranteed Portion after payment of the Guaranteed Portion has been made under the Guarantee.[66 FR 53080, Oct.


More Definitions of Unguaranteed Portion

Unguaranteed Portion means that portion of a SBA Loan, including interest, not guaranteed by the SBA pursuant to the SBA Rules and Regulations, the related SBA Authorization and Loan Agreement, or the SBA Guaranty Agreement, but only so much of such portion as has been pledged as Tranche A Collateral for Tranche A Advances made hereunder.
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Unguaranteed Portion means the amount of each Participated Loan balance that is not guaranteed by the SBA.
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Unguaranteed Portion means the amount of an Eligible S.B.A. Guaranteed Loan less the Guaranteed Portion.
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Unguaranteed Portion means that portion of an Advance or Outstanding Balance, as applicable, which was used to fund the Unguaranteed Amount of SBA Loans or which was used for general working capital purposes of any of the Borrowers.
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Unguaranteed Portion means the portion of each Portfolio Loan not guaranteed by the SBA.
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Unguaranteed Portion means that portion of an Eligible Loan which is not insured or guaranteed by the Authority.
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Related to Unguaranteed Portion

  • Guaranteed Obligation and “Guaranteed Obligations” shall have the meaning assigned thereto in the Guarantee set forth on the signature pages hereto.

  • Nonguaranteed elements means the premiums, credited interest rates (including any bonus), benefits, values, non-interest-based credits, charges or elements of formulas used to determine any of these elements, that are subject to company discretion and are not guaranteed at issue. An element is considered nonguaranteed if any of the underlying nonguaranteed elements are used in its calculation.

  • Guaranteed Debt of any Person means, without duplication, all Indebtedness of any other Person referred to in the definition of Indebtedness contained in this Section 101 guaranteed directly or indirectly in any manner by such Person, or in effect guaranteed directly or indirectly by such Person through an agreement (i) to pay or purchase such Indebtedness or to advance or supply funds for the payment or purchase of such Indebtedness, (ii) to purchase, sell or lease (as lessee or lessor) property, or to purchase or sell services, primarily for the purpose of enabling the debtor to make payment of such Indebtedness or to assure the holder of such Indebtedness against loss, (iii) to supply funds to, or in any other manner invest in, the debtor (including any agreement to pay for property or services without requiring that such property be received or such services be rendered), (iv) to maintain working capital or equity capital of the debtor, or otherwise to maintain the net worth, solvency or other financial condition of the debtor or (v) otherwise to assure a creditor against loss; provided that the term “guarantee” shall not include endorsements for collection or deposit, in either case in the ordinary course of business.

  • Guaranteed Obligations has the meaning set forth in Section 11.01.

  • Sukuk Obligation means any undertaking or other obligation to pay any money given in connection with the issue of trust certificates or other instruments intended to be issued in compliance with the principles of Shari'ah, whether or not in return for consideration of any kind.

  • a guaranteed income payment means a payment made under article 15(1)(c) (injury benefits) or 29(1)(a) (death benefits) of the Armed Forces and Reserve Forces (Compensation Scheme) Order 2011;

  • Guaranteed Hedge Agreement means any Hedge Agreement permitted under Article V that is entered into by and between any Loan Party and any Hedge Bank.

  • Guaranteed energy savings contract means a contract that includes all of the following:

  • Discharge of Credit Agreement Obligations means, with respect to any Shared Collateral, the Discharge of the Credit Agreement Obligations with respect to such Shared Collateral; provided that the Discharge of Credit Agreement Obligations shall not be deemed to have occurred in connection with a Refinancing of such Credit Agreement Obligations with an Additional Senior Debt Facility secured by such Shared Collateral under one or more Additional Senior Debt Documents which has been designated in writing by the Administrative Agent (under the Credit Agreement so Refinanced) to the Collateral Agent and each other Representative as the “Credit Agreement” for purposes of this Agreement.

  • zero-coupon obligation means a debt security that does not expressly provide for the accrual of interest, and includes the former component parts of a debt security that did expressly provide for the accrual of interest if that component part does not itself expressly provide for the accrual of interest.

  • Guaranteed Cash Management Agreement means any Cash Management Agreement that is entered into by and between any Loan Party and any Cash Management Bank.